Growth Street’s 2017 SME election survey

Few people expected the election result that greeted the UK on June 9th. Amid widespread uncertainty in the wake of a hung parliament, small businesses have not been at the top of the political agenda.

But in the buildup to the election, Growth Street surveyed a small sample of our borrowing customers to gauge business owners’ priorities for the next 12 months, as well as getting a snapshot of their views on the election itself.

The responses were fascinating. Below are a couple of the most pertinent findings:

Business owners are targeting profitability instead of growth.
75% of survey respondents will prioritise increasing profitability over speeding up the pace of their company’s growth.

The Conservatives are seen as the party most likely to deliver for small businesses.
60% of Growth Street’s borrowers say that the Conservatives are the party that offers the best prospects for small businesses over the next year, according to our survey.

For further insights, you can download a full report detailing the survey’s findings. If you have your own opinions on what the next year has in store for small businesses, get in touch with us via contact@growthstreet.co.uk.


Please note that lending to businesses through Growth Street is an investment and not a savings account. Your capital is at risk and lending is not covered by the Financial Services Compensation Scheme. Survey sample size of 16: all responses are anonymous.

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